Audit 1009

FY End
2023-05-31
Total Expended
$6.46M
Findings
14
Programs
6
Organization: Brescia University Inc. (KY)
Year: 2023 Accepted: 2023-10-23

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
458 2023-001 Significant Deficiency - L
459 2023-001 Significant Deficiency - L
460 2023-001 Significant Deficiency - L
461 2023-001 Significant Deficiency - L
462 2023-002 - - N
463 2023-002 - - N
464 2023-002 - - N
576900 2023-001 Significant Deficiency - L
576901 2023-001 Significant Deficiency - L
576902 2023-001 Significant Deficiency - L
576903 2023-001 Significant Deficiency - L
576904 2023-002 - - N
576905 2023-002 - - N
576906 2023-002 - - N

Programs

Contacts

Name Title Type
RD1RJ86T2SJ1 Dale Cecil Auditee
2706864239 Rebecca Whitehead Auditor
No contacts on file

Notes to SEFA

Title: Note 1: Basis of Presentation Accounting Policies: This schedule includes the federal awards activity of the University and is presented in conformity with U.S. GAAP. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR), Part 200, Uniform Administrative Requirements, Cost Principle, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented or used in the preparation of the basic financial statements. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate Of the federal expenditures presented in this schedule, the University did not provide any federal awards to sub-recipients.

Finding Details

Criteria or Specific Requirement Special tests and provisions – Reporting FISAP Award Year July 1, 2021 through June 30, 2022 Condition The University used incorrect amounts in Section E, Assessments and Expenditures for tuition and fees – graduates and undergraduates and Pell expenditures. The University failed to report the total expended state grants and scholarships made to undergraduates. Context The University has a review procedure in place whereby the Student Financial Aid Director and the Vice-President of Business and Finance cross check portions of the FISAP prepared by the other individual. Effect The review procedure failed to detect incorrect and missing amounts reported on the FISAP. Cause The University failed to update the prior year amounts for tuition and fees – graduates and undergraduates and Pell expenditures, and did not input a current year amount for total expended state grants and scholarships made to undergraduates. Recommendation The second person reviewing the FISAP should compare the numbers reported on the document to the supporting documents.
Criteria or Specific Requirement Special tests and provisions – Reporting FISAP Award Year July 1, 2021 through June 30, 2022 Condition The University used incorrect amounts in Section E, Assessments and Expenditures for tuition and fees – graduates and undergraduates and Pell expenditures. The University failed to report the total expended state grants and scholarships made to undergraduates. Context The University has a review procedure in place whereby the Student Financial Aid Director and the Vice-President of Business and Finance cross check portions of the FISAP prepared by the other individual. Effect The review procedure failed to detect incorrect and missing amounts reported on the FISAP. Cause The University failed to update the prior year amounts for tuition and fees – graduates and undergraduates and Pell expenditures, and did not input a current year amount for total expended state grants and scholarships made to undergraduates. Recommendation The second person reviewing the FISAP should compare the numbers reported on the document to the supporting documents.
Criteria or Specific Requirement Special tests and provisions – Reporting FISAP Award Year July 1, 2021 through June 30, 2022 Condition The University used incorrect amounts in Section E, Assessments and Expenditures for tuition and fees – graduates and undergraduates and Pell expenditures. The University failed to report the total expended state grants and scholarships made to undergraduates. Context The University has a review procedure in place whereby the Student Financial Aid Director and the Vice-President of Business and Finance cross check portions of the FISAP prepared by the other individual. Effect The review procedure failed to detect incorrect and missing amounts reported on the FISAP. Cause The University failed to update the prior year amounts for tuition and fees – graduates and undergraduates and Pell expenditures, and did not input a current year amount for total expended state grants and scholarships made to undergraduates. Recommendation The second person reviewing the FISAP should compare the numbers reported on the document to the supporting documents.
Criteria or Specific Requirement Special tests and provisions – Reporting FISAP Award Year July 1, 2021 through June 30, 2022 Condition The University used incorrect amounts in Section E, Assessments and Expenditures for tuition and fees – graduates and undergraduates and Pell expenditures. The University failed to report the total expended state grants and scholarships made to undergraduates. Context The University has a review procedure in place whereby the Student Financial Aid Director and the Vice-President of Business and Finance cross check portions of the FISAP prepared by the other individual. Effect The review procedure failed to detect incorrect and missing amounts reported on the FISAP. Cause The University failed to update the prior year amounts for tuition and fees – graduates and undergraduates and Pell expenditures, and did not input a current year amount for total expended state grants and scholarships made to undergraduates. Recommendation The second person reviewing the FISAP should compare the numbers reported on the document to the supporting documents.
Criteria or Specific Requirement Special tests and provisions – Title IV Refunds Condition The University did not return the correct amount of funds for withdrawn students. Context Out of a sample of 11 students selected for testing compliance with Title IV Refunds, for two students, the University did not return the correct amount of funds. Effect The University did not return the correct amount of federal funds. Cause The University counted a day prior to the start of classes which did not include academic engagement in its calculation of the number of days in the semester in the return of funds calculation. Recommendation A second individual should check the academic calendar used for Title IV return of funds.
Criteria or Specific Requirement Special tests and provisions – Title IV Refunds Condition The University did not return the correct amount of funds for withdrawn students. Context Out of a sample of 11 students selected for testing compliance with Title IV Refunds, for two students, the University did not return the correct amount of funds. Effect The University did not return the correct amount of federal funds. Cause The University counted a day prior to the start of classes which did not include academic engagement in its calculation of the number of days in the semester in the return of funds calculation. Recommendation A second individual should check the academic calendar used for Title IV return of funds.
Criteria or Specific Requirement Special tests and provisions – Title IV Refunds Condition The University did not return the correct amount of funds for withdrawn students. Context Out of a sample of 11 students selected for testing compliance with Title IV Refunds, for two students, the University did not return the correct amount of funds. Effect The University did not return the correct amount of federal funds. Cause The University counted a day prior to the start of classes which did not include academic engagement in its calculation of the number of days in the semester in the return of funds calculation. Recommendation A second individual should check the academic calendar used for Title IV return of funds.
Criteria or Specific Requirement Special tests and provisions – Reporting FISAP Award Year July 1, 2021 through June 30, 2022 Condition The University used incorrect amounts in Section E, Assessments and Expenditures for tuition and fees – graduates and undergraduates and Pell expenditures. The University failed to report the total expended state grants and scholarships made to undergraduates. Context The University has a review procedure in place whereby the Student Financial Aid Director and the Vice-President of Business and Finance cross check portions of the FISAP prepared by the other individual. Effect The review procedure failed to detect incorrect and missing amounts reported on the FISAP. Cause The University failed to update the prior year amounts for tuition and fees – graduates and undergraduates and Pell expenditures, and did not input a current year amount for total expended state grants and scholarships made to undergraduates. Recommendation The second person reviewing the FISAP should compare the numbers reported on the document to the supporting documents.
Criteria or Specific Requirement Special tests and provisions – Reporting FISAP Award Year July 1, 2021 through June 30, 2022 Condition The University used incorrect amounts in Section E, Assessments and Expenditures for tuition and fees – graduates and undergraduates and Pell expenditures. The University failed to report the total expended state grants and scholarships made to undergraduates. Context The University has a review procedure in place whereby the Student Financial Aid Director and the Vice-President of Business and Finance cross check portions of the FISAP prepared by the other individual. Effect The review procedure failed to detect incorrect and missing amounts reported on the FISAP. Cause The University failed to update the prior year amounts for tuition and fees – graduates and undergraduates and Pell expenditures, and did not input a current year amount for total expended state grants and scholarships made to undergraduates. Recommendation The second person reviewing the FISAP should compare the numbers reported on the document to the supporting documents.
Criteria or Specific Requirement Special tests and provisions – Reporting FISAP Award Year July 1, 2021 through June 30, 2022 Condition The University used incorrect amounts in Section E, Assessments and Expenditures for tuition and fees – graduates and undergraduates and Pell expenditures. The University failed to report the total expended state grants and scholarships made to undergraduates. Context The University has a review procedure in place whereby the Student Financial Aid Director and the Vice-President of Business and Finance cross check portions of the FISAP prepared by the other individual. Effect The review procedure failed to detect incorrect and missing amounts reported on the FISAP. Cause The University failed to update the prior year amounts for tuition and fees – graduates and undergraduates and Pell expenditures, and did not input a current year amount for total expended state grants and scholarships made to undergraduates. Recommendation The second person reviewing the FISAP should compare the numbers reported on the document to the supporting documents.
Criteria or Specific Requirement Special tests and provisions – Reporting FISAP Award Year July 1, 2021 through June 30, 2022 Condition The University used incorrect amounts in Section E, Assessments and Expenditures for tuition and fees – graduates and undergraduates and Pell expenditures. The University failed to report the total expended state grants and scholarships made to undergraduates. Context The University has a review procedure in place whereby the Student Financial Aid Director and the Vice-President of Business and Finance cross check portions of the FISAP prepared by the other individual. Effect The review procedure failed to detect incorrect and missing amounts reported on the FISAP. Cause The University failed to update the prior year amounts for tuition and fees – graduates and undergraduates and Pell expenditures, and did not input a current year amount for total expended state grants and scholarships made to undergraduates. Recommendation The second person reviewing the FISAP should compare the numbers reported on the document to the supporting documents.
Criteria or Specific Requirement Special tests and provisions – Title IV Refunds Condition The University did not return the correct amount of funds for withdrawn students. Context Out of a sample of 11 students selected for testing compliance with Title IV Refunds, for two students, the University did not return the correct amount of funds. Effect The University did not return the correct amount of federal funds. Cause The University counted a day prior to the start of classes which did not include academic engagement in its calculation of the number of days in the semester in the return of funds calculation. Recommendation A second individual should check the academic calendar used for Title IV return of funds.
Criteria or Specific Requirement Special tests and provisions – Title IV Refunds Condition The University did not return the correct amount of funds for withdrawn students. Context Out of a sample of 11 students selected for testing compliance with Title IV Refunds, for two students, the University did not return the correct amount of funds. Effect The University did not return the correct amount of federal funds. Cause The University counted a day prior to the start of classes which did not include academic engagement in its calculation of the number of days in the semester in the return of funds calculation. Recommendation A second individual should check the academic calendar used for Title IV return of funds.
Criteria or Specific Requirement Special tests and provisions – Title IV Refunds Condition The University did not return the correct amount of funds for withdrawn students. Context Out of a sample of 11 students selected for testing compliance with Title IV Refunds, for two students, the University did not return the correct amount of funds. Effect The University did not return the correct amount of federal funds. Cause The University counted a day prior to the start of classes which did not include academic engagement in its calculation of the number of days in the semester in the return of funds calculation. Recommendation A second individual should check the academic calendar used for Title IV return of funds.